GIFT City’s promise as a two-way investment gateway is facing an early reality check. While a few inbound and outbound funds have made cross-border investing easier than ever, weak dollar…
Category: Market
Right Horizons launches AIF targeting ₹200 crore
Right Horizons Portfolio Management Pvt Ltd, a Bengaluru-based investment manager, has launched the RH Rising India Opportunities AIF, a closed-ended Category III Alternative Investment Fund targeting ₹100 crore. The AIF…
Broker’s Call: Brigade Hotel Ventures (Buy)
Target: ₹86 CMP: ₹61.46 We initiate coverage on Brigade Hotel Ventures (BHVL) with a Buy rating and TP of ₹86, valuing it at 14x EV/EBITDA on FY28E. BHVL has a…
Broker’s Call: NBCC (Buy)
Target: ₹165 CMP: ₹102.20 NBCC continues to strengthen its position in redevelopment and PMC-led projects, with a growing pipeline of self-sustainable redevelopment mandates across Maharashtra, Nagpur, Jammu and Kashmir, and…
Borosil Renewables jumps after import duties’ extension
Shares of Borosil Renewables Ltd., India’s largest maker of solar glass, surged after the government levied fresh duties on imports from Malaysia. The stock jumped as much as 9.3% in…
Wall Street retreats as intensifying Mideast conflict drives oil prices higher, GameStop soars 8.5%, Marvell rises 2%
Wall Street stock indices pulled back on Wednesday as intensifying Middle East conflict drove oil prices upward, prompting investors to lock in profits following a historic run of record highs.…
GameStop shares jump 13% after strong quarterly earnings, $2 billion share buyback
Video game retailer GameStop saw its share price jump 13% on Wednesday, 3 June, reaching $23.68, after the company reported a strong performance for its fiscal first quarter and unveiled…
CMR Green Technologies IPO: Issue received solid response on Day 01, booked 2.45 times; GMP signals bumper listing
CMR Green Technologies IPO in focus: The initial public offering of CMR Green Technologies witnessed a solid demand from both retail and non-institutional investors on its first day of bidding,…
SEBI bars Rajesh Mehta from trading in Rajesh Exports shares
The (SEBI) has restrained Rajesh Mehta, promoter and Executive Chairman of, from buying, selling or dealing in the company’s securities after a probe found prima facie evidence of large-scale financial…
India must expand gold monetisation beyond gold loans to ease import dependence: Shamika Ravi
India should expand gold monetisation beyond traditional gold loans and develop more financial instruments linked to the precious metal to reduce dependence on gold imports and ease pressure on foreign…